Евро / Доллар США
Длинная
Обновлено

EUR.USD - BULLISH CYPHER SETUP - 1.0534

On the EUR.USD 4hr chart we have a potential long opportunity's at the D leg completion of bullish Cypher setup.

The price reversal zone on this pair is between 1.0534 & 1.0453
The PRZ zone is only a guideline of where we will be paying attention for trade setups and opportunity's.

Potential targets for the Cypher setup placed at the .382% and .618% retracement of the C to D move.
There is also opportunity to look for extended targets back into 1.0750
Stop loss would be placed below X leg structure support .

Target 1 - 1.0647
Target 2 - 1.0716
Заметка
Please note the 1.055 level just above the D leg completion, depending on your RR you could have your orders set just above to take this level into consideration if it meets your rules to do so.
Заметка
Price now closed below the 1.0600 psychological level.
Заметка
There is a potential short opportunity on the 1hr TF prior to retesting the 1.055 lows if we get a consolidation period that meets the rules.
Заметка
Price approaching 1.055 / D leg completion.
Заметка
Price closing just above the 1.055 level, a consolidation period is now expected before a last push lower.
Заметка
D leg completion, long opportunity.
Сделка активна
Заметка
If you entered the market at 1.0534 your target 1 should now be attained.

Отказ от ответственности